Mortgage Loans

At State Bank - We Know Mortgage Loans

Buying a home is likely one of the biggest financial commitments you'll ever undertake. Achieving the "American Dream" certainly is a big step and you'll want to have a trusted partner like State Bank to help guide you along the way.

Find Your Mortgage Lender

Loan Programs Fixed Rate Loan Adjustable Rate Loan FHA Loan VA Loan Construction Loan
Mortgage Options Variety of Fixed Rate terms available Variety of Conforming and Jumbo Rate terms available Fixed Rate and Adjustable Rate terms available Fixed Rate terms available for purchase or refinance Fixed, Adjustable and Jumbo Const-Perm options available
Definition A Fixed Rate Mortgage has an interest rate that does not change over the life of the loan An Adjustable Rate Mortgage(ARM) has an interest rate that may change (up/down) during the life of the loan A Fixed Rate or Adjustable Rate Mortgage insured by FHA (Federal Housing Administration) VA loans are fixed rate loans available to active duty and retired U.S. Military personnel Construction Loans allow you to build or remodel a new or existing home
Benefits
  • Predictable loan payments
  • Variety of terms
  • Rate flexibility
  • Lower initial monthly payments
  • Lower rates in stable or declining markets
  • Flexible terms
  • Lower down payment
  • Fixed principal & interest payments
  • Flexible terms
  • Low or no down payment
  • Fixed interest rates
  • No monthly Mortgage Insurance
  • Available for purchase or refinance
  • Fixed and ARM offerings
  • Interest only construction period
  • One-time closing
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Fixed Rate Loan
Mortgage Options 15 Year Fixed, 20 Year Fixed, 30 Year Fixed.
Definition A Fixed Rate Mortgage has an interest rate that does not change over the life of the loan.
Benefits Predictable loan payments, variety of terms (10-30 years), and rate flexibility.
Apply Now
Adjustable Rate Loan
Mortgage Options 3/1 - 10/1 ARM Programs, 7/1 Jumbo ARM.
Definition An Adjustable Rate Mortgage(ARM) has an interest rate that may change (up/down) during the life of the loan.
Benefits Lower initial monthly payments, lower rates in stable or declining markets, and flexible terms.
Apply Now
FHA Loan
Mortgage Options 15 Year Fixed, 30 Year Fixed.
Definition A Fixed Rate or Adjustable Rate Mortgage insured by FHA (Federal Housing Administration).
Benefits Lower down payment, fixed principal & interest payments, and flexible terms.
Apply Now
VA Loan
Mortgage Options 15 Year Fixed, 30 Year Fixed, VA IRRRL Loan.
Definition VA loans are fixed rate loans available to active duty and retired U.S. Military personnel.
Benefits Low or no down payment, Fixed interest rates, no monthly Mortgage Insurance, available for purchase or refinance.
Apply Now
Construction Loan
Mortgage Options 5/1 ARM Const-Perm, 30 Year Fixed Const-Perm, 7/1 Jumbo ARM.
Definition Construction Loans allow you to build or remodel a new or existing home.
Benefits Fixed and ARM offerings, interest only construction period, and one-time closing.
Apply Now

Subject to credit approval.